The Naira’s slide against the dollar continued for a fourth consecutive day, settling at N1,309.81/$1 at the NAFEM window.

NNPC, with the aim of increasing national refining capacity, signed agreement with ARPHL for 100,000bpd refinery in Port Harcourt.

World Bank has warned of potential oil price surge due to Middle East conflict raising global inflation by.

TikTok has said it will not sell it’s app despite threats of a ban from the US.

Dana Air’s grounding after runway incident highlights unresolved issues raised by aviation authority despite previous suspension.

Meta’s Zuckerberg says its focus on AI will increase the company’s spending significantly.

AfDB President Akimwunmi Adesina has revealed that Africa will be paying $74 billion in debt service this year alone.

The naira has continued its recent downward trend as it depreciated to close at N1,308/$ on the official market.

The Nigerian Treasury Bills (NTBs) issued by the Central Bank of Nigeria (CBN) on Wednesday recorded an oversubscription of 254.23 percent as investors’ total subscription stood at N531 billion as

Electronic payment transactions in Nigeria witnessed a remarkable surge in the first quarter of 2024.

The naira has, despite its recent bounce back, continued to weaken, closing at N1,300/$ on the official market on Tuesday.

Finance Minister Edun and CBN Governor Cardoso will lead a meeting on Wednesday to discuss how to strengthen the naira.

NNPC and Newcross Exploration are aiming to enhance Nigeria’s hydrocarbon output and help meet OPEC production quotas.

Congo mines ministry halts shipments of copper and cobalt by a primarily Chinese-owned mining group over high radiation levels.

Milan Industries has filed an N850 Billion Suit against AMCON over their alleged wrongful sale of Intercontinental Hotels.

Finance Minister Wale Edun has said that Nigeria’s recent monetary tightening policies increased the country’s 2024 growth projection to 3.4%

Former CIBN president Ajibola has stressed the need to reduce dollar dependency in Nigeria, citing its pervasive influence in economic decisions.

Petroleum marketers have said that the monetary policy tightening has made it difficult for them to get huge loans to lift petroleum products

Finance Minister Edun has announced plans to issue domestic bonds denominated in foreign currency to alleviate forex challenges.

The value of the naira dipped on Monday at both the official and parallel markets after its six-week hot streak.